Due to this similarity in events, as well as the likeness in sequence, we had been in a position to determine the fantastic possibility for considerably greater silver prices way back in October of 2010. This was an extremely clear signal that greater silver prices were definitely coming, and that's precisely what we got, when silver moved to $49. Nevertheless, this run isn't over however. The move from $17, when silver broke out of the triangle (at point 3 of the second fractal) to $49 was just the first component of the move. In our judgment the greatest and best part of this move continues to be ahead. In our long-term fractal evaluation report on silver, we have presented a lot of technical and basic evidence to support my opinion for greater silver prices over the coming years.
According to the fractals on the graph, we could nonetheless have about two years before we could get a high like we had in 1980. That's 14 years following the Dow/Gold ratio top (starting of 1966 to the starting of 1980 vs. the finish of 1999 to the finish 2013). Rare Coins, Silver Coins, Gold Coins, Learn more >> http://www.gold-
It's fascinating to note that the peak in silver (starting of 1974) following the peak in the Dow/Gold ratio (starting 1966) came around 8 years following the Dow/Gold ratio high. On the present pattern, the 2008 peak in silver was also about 8 years following the Dow/Gold ratio peak in the finish of 1999.
Using the first peaks following the Dow/Gold ratio leading taking exactly the same amount of years, exactly what are the probabilities that the second peaks will also correlate, providing a high in silver in the finish of 2013 to the starting of 2014?
Furthermore, from a price perspective, there's also an indication that this move isn't over however. When the two patterns indicated carry on their similarity, it could be sensible to anticipate the final high of the present pattern to a minimum of go greater than $140 as a minimum. Why? In the event you measure the price activity from point 1 to point 2, in the first pattern, and evaluate it to the price movement from point 4 to 5, in the first sequence, you'll find that the movement from point 4 to 5 is a minimum of 7.6 times bigger.
Presently the movement from 4 to the $49 in April of 2011 is only about 1.65 times bigger than the activity from point 1 to 2. If it adheres to the first pattern, and grows a minimum of 7.6 times bigger, the silver price will comfortably pass $140. Our recommendation is to buy gold and buy silver today before the gold price and silver price skyrockets again! How high will silver go? Learn more >> http://gold-